Writers Strike Ready to Put New Movies and TV to a Standstill (ep.274)

WGA Approves Strike Authorization With 97.9% Voting Yes. WGA’s members have voted to strike if a new film and TV contract with the AMPTP is not made.<br />The Writers Guild of America (WGA) has just authorized a strike, with 97.9% of its members voting in favor. This decision comes as the WGA is still in negotiations with the Alliance of Motion Picture and Television Producers (AMPTP) over a new contract that would cover film and television writers. With such overwhelming support from the writers, it is clear that they are serious about making progress on the issues they have been fighting for. This could lead to one of the largest strikes in Hollywood history if no agreement is reached between the WGA and AMPTP.<br />Netflix Doubles Down on Theatrical Release Strategy: ‘Driving Folks to a Theater Is Just Not Our Business’<br />Apple and Amazon have recently made headlines with plans to spend billions of dollars on movies for theatrical release. This move signals a shift in the way movies are produced, consumed, and marketed as streaming services move into the big-screen movie market. With traditional movie exhibition chains facing increasing competition from streaming services, this new trend could mark a new age for cinema and theatre. It remains to be seen if these pricey gambles will pay off, but one thing is certain - Netflix is doubling down on theatrical releases too.<br />Yep, It’s Slow: How A Potential Strike &amp; Industry Pivoting Has Hollywood’s TV Biz At A Standstill https://deadline.com/2023/04/potential-strike-impact-on-business-in-hollywood-1235329823/<br />WGA Approves Strike Authorization With 97.9% Voting Yes https://variety.com/2023/biz/news/wga-approves-strike-authorization-results-1235585560/<br />The WGA has overwhelmingly voted to authorize a strike. An overwhelming majority of the WGA’s members have voted to authorize a strike if a new film and TV contract with the AMPTP is not reached by May 1st.<br />https://www.theverge.com/2023/4/17/23687112/wga-strike-vote-authorization-amptp<br />Ho